The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-09-23
GRAIN. PROVISIONS. GROCERIES,

GRAIN. PROvIsIONs. GROCERIES,.
KANSAS CIrY, Mo-, September Pa
Wheat steady; No. 2 soft, cash, colo
bid, 623c asked; May. 72ac asked. Corn
steady; No. 2, cash, sec: October, S52c
bid, 35lc asked; year, S5ic asked /;
May, Sss bid, SSic asked. Oats
No. 2, 2lac.
CHICAGO, Ill September 22.-The
wheat crowd were very much exercised
this morning because the arrivals of
spring wheat are grading low. This
fact, In addition to the heavy covering
of the shorts late yesterday, made q
very stiff opening today. As the day
advanced the crowd got quite nervous.
The ecalpers we're disposed to be bear.
ish, but whenever the market got
down little there was such good buy.
ing OF the cash article that they GOV.
cred speedily. Favorable cables were
somewhat counteracted bv the total
lack OF clearances ut New York. Az.
gregate receipts at twelve points were
$4,000 bushels, shipments 272, 900
bushels. The market showed signs Of
a decline alb ~ the middle OF the
morning eeseiop, after opening at clos.
log prices. At the noon hour come
local houses began to purchase d Gem
Der quite freely, when there was an
other effort with macy 10 cover Efforts.
New Workers we're alec known 10 be
buyers, When December reached 7Sc
there were lot OF stop orders. The
bullish feeling kept prices moving up
for half an hour, when there was
slight reaction, making the closing
about IL under the best point 10 iched
for the session. October opened nj
692c, cold down to 69lc, and sieadied
at 69sc. Tbs special hrmnees was not
felt until ab Jut 1880 o'clock p. ,,
when October at once went TO 70tc,
aiterward closing at zoe. December
opened at 72ir, sold to 72lc, and be-
fore the close up to 7Stc, closing at
72I@73c,
Uorn was easier. in sympathy with
weakness at New York due 10 the be.
lief that about 4,0O0,O00 bushels are
on the way there. Another element
was the large arrivals here, and Il was
fumored that the railroads were coz.
sidering q further reduction OF corr
frsights from Missouri River point.
When wheat frmed mp, corn also
vent up little, the shorts covering
on any indication OF strength. The
opening was about the same az the
closing prices OF yesterday and undsr
liberal offerings declined laic, later
ruled hrmer, advancing lot, then
ruled steady and closed q shade easier
than yesterday. Msy opened at 44k,,
sold 10. 4It(944le together. recovered
to 44tc, where, after some slight huct.
uation, II closed.
Oats were very tame. Fluctuations
were 80 insignificant that no material
change was quo,able.
Provisions were weaker today, but
business was moderately large, being
chiefly 10 lard. Receipts OF hogs were
liberal and prices were lower. Hold.
ers OF pr ducts were NOR. inclined "a
sell, bat buyers operated sparingly,
and the result was q decline oil TO- on
pork, 2ic on lard and 2i97io on short
ribs, lhpss decines, however, were
afterwards part, lily recovered 0cio.
Der lard sold at 80 3C@8 80, and
closed Vt 90 S2l. 0a1bcr short ribs
cold At IS Zoos ga, closing at the lat.
ter figure. Ms pork Tor January
cold At sl2 O7l69is 20. closing st sl2 10
asked. The shipment demand was
moderate for m ats, bul 2000 tlerceb
" lard were ttknn Tor export.
The leadirg iulurea ranged o. TO-
lows:
Wheat, No. 2-septembsr oper cd
al 6gll, Highest 69li lowest 89c, clcs.
log ut 89l5; October opened a. 69ic,
highest ~ :, lowest co.,, closing IT
zoe; December opened at z. 4, high
est ISL, lowest 72ic, closing Al 72l ;
May Opi mel at 49,, highest 49, lox-
est 77ic, osing At 7sic.
Corn, No. 2-Ssptenber opened nj
Ale, highest 4lc, lowest i0kc, clos.
ing at 40l'; October opeDed al 4 =
highest illc, lowe2t iOic. coAing II
Ale; November opened ~ an high.
est ilto, lowest iOl !, olosing al 81 4
May opened al 4iic, highest 4iic
lowest 4ilc, closing at 4ii'.
Oats, No. 2-Se ptember opened al
25i highest PSI f, lowest este, closing
at 25lo October opened At 26lo, high
est 26ic, lowest 25lc, clos ng At 25lc
November opened at 25k highest
25ic, loves, 26ic, closing Of 25ic; May
opened at 29i, !. higsost 29ic, love,
29s ), closing nj got
MeIs pork, per bbl-f Tear opensd 81
Gil 80, highest Oil s2i, lowest Gil so
closing OF Oil 82t JanuAiy opened 4
tl2 20, highest sl2 70, io~est fl2 07i
closing at tl2 10.
Lard, per 100 lbs --sep,enbeT openet
at % 80, highest 81 80. ,ovest ~ 80
closing nj - 32i; October opened a
% 80, highest " 35, lowest % 30
closiug At - 1874; November opened a
80 ga highest 81 80, lowest " 27i
closing q, 50 80; January opened .
80 37t, highest o. 37l, lowest " 80